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the price was rejected from the resistance trendline of the descending channel, which means we can take a short position. if price goes to the strong resistance we also can take a short position but only after confirmed rejection
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Do not trade this idea before you make your own analysis!
the price was rejected from the resistance trendline of the descending channel, which means we can take a short position. if price goes to the strong resistance we also can take a short position but only after confirmed rejection
Please support my work by following the Trading View profile
Do not trade this idea before you make your own analysis!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.